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Oil Search - OSH's share price has had a great run in the market since it announced the acquisition of British Petroleum's PNG petroleum and exploration business for $US400 million. Once consummated, the deal will provide a huge growth in earnings for Oil Search as oil produced by the company will increase up to six-fold. The deal will also put the company in the drivers seat as the primary supplier of gas for the proposed huge PNG - Queensland gas pipeline. Continue to accumulate.

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